Most of GORS value is in the plant and the gold in ground, which will provide future income stream commencing next year (plus their exploration asset). NNWC doesn't take any of that into account and can't see how you could possibly use that as a valuation metric for a company like this.
Trading way above NNWC, page-8
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Last
$1.83 |
Change
0.040(2.24%) |
Mkt cap ! $1.978B | |||
| Open | High | Low | Value | Volume |
| $1.82 | $1.85 | $1.81 | $7.779M | 4.273M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7867 | $1.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.83 | 54214 | 3 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| GOR (ASX) Chart |